Nippon India Arbitrage Fund Datagrid
Category Arbitrage Fund
BMSMONEY Rank 9
Rating
Growth Option 27-07-2026
NAV ₹28.2(R) +0.03% ₹30.7(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.83% 6.72% 5.92% 5.49% 5.77%
Direct 6.56% 7.46% 6.68% 6.24% 6.5%
Benchmark
SIP (XIRR) Regular 5.97% 6.33% 6.37% 5.59% 5.64%
Direct 6.71% 7.07% 7.13% 6.33% 6.39%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.73 0.95 0.67 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.51% 0.0% 0.0% - 0.37%
Fund AUM As on: 30/12/2025 16049 Cr
Top Arbitrage Fund
Fund Name Rank Rating
Invesco India Arbitrage Fund 1
UTI Arbitrage Fund 2
Kotak Arbitrage Fund 3
SBI arbitrage opportunities fund 4
ICICI Prudential Equity - Arbitrage Fund 5

NAV Date: 27-07-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA ARBITRAGE FUND - MONTHLY IDCW Option 14.7
0.0000
0.0300%
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - MONTHLY IDCW Option 16.07
0.0100
0.0300%
NIPPON INDIA ARBITRAGE FUND - IDCW Option 16.9
0.0000
0.0300%
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option 18.9
0.0100
0.0300%
Nippon India Arbitrage Fund - Growth Plan - Growth Option 28.2
0.0100
0.0300%
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option 30.7
0.0100
0.0300%

Review Date: 27-07-2026

Beginning of Analysis

Nippon India Arbitrage Fund is the 12th ranked fund in the Arbitrage Fund category. The category has total 24 funds. The 3 star rating shows an average past performance of the Nippon India Arbitrage Fund in Arbitrage Fund. The fund has a Sharpe Ratio of 1.73 which is higher than the category average of 1.56.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Arbitrage Mutual Funds

Nippon India Arbitrage Fund Return Analysis

  • The fund has given a return of 0.49%, 1.63 and 3.32 in last one, three and six months respectively. In the same period the category average return was 0.49%, 1.56% and 3.25% respectively.
  • Nippon India Arbitrage Fund has given a return of 6.56% in last one year. In the same period the Arbitrage Fund category average return was 6.46%.
  • The fund has given a return of 7.46% in last three years and ranked 10.0th out of twenty four funds in the category. In the same period the Arbitrage Fund category average return was 7.36%.
  • The fund has given a return of 6.68% in last five years and ranked 8th out of twenty funds in the category. In the same period the Arbitrage Fund category average return was 6.51%.
  • The fund has given a return of 6.5% in last ten years and ranked 2nd out of twelve funds in the category. In the same period the category average return was 6.33%.
  • The fund has given a SIP return of 6.71% in last one year whereas category average SIP return is 6.56%. The fund one year return rank in the category is 12th in 31 funds
  • The fund has SIP return of 7.07% in last three years and ranks 10th in 24 funds. Tata Arbitrage Fund has given the highest SIP return (7.23%) in the category in last three years.
  • The fund has SIP return of 7.13% in last five years whereas category average SIP return is 7.01%.

Nippon India Arbitrage Fund Risk Analysis

  • The fund has a standard deviation of 0.51 and semi deviation of 0.37. The category average standard deviation is 0.51 and semi deviation is 0.38.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Arbitrage Fund Category
  • Good Performance in Arbitrage Fund Category
  • Poor Performance in Arbitrage Fund Category
  • Very Poor Performance in Arbitrage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.43
    0.43
    		0.31 | 0.58 18 | 37 Good
    3M Return % 1.45
    1.38
    		0.85 | 1.66 11 | 36 Good
    6M Return % 2.97
    2.89
    		1.91 | 3.38 13 | 34 Good
    1Y Return % 5.83
    5.73
    		3.69 | 6.81 15 | 31 Good
    3Y Return % 6.72
    6.64
    		5.69 | 6.99 10 | 24 Good
    5Y Return % 5.92
    5.80
    		4.86 | 6.23 9 | 20 Good
    7Y Return % 5.49
    5.39
    		4.59 | 5.71 9 | 17 Good
    10Y Return % 5.77
    5.68
    		5.11 | 5.90 5 | 12 Good
    15Y Return % 6.66
    6.51
    		6.13 | 6.72 2 | 9 Very Good
    1Y SIP Return % 5.97
    5.85
    		3.74 | 6.90 13 | 30 Good
    3Y SIP Return % 6.33
    6.28
    		5.81 | 6.53 11 | 23 Good
    5Y SIP Return % 6.37
    6.35
    		5.81 | 6.63 10 | 19 Good
    7Y SIP Return % 5.59
    5.54
    		4.88 | 5.83 10 | 17 Good
    10Y SIP Return % 5.64
    5.61
    		5.06 | 5.84 8 | 12 Average
    15Y SIP Return % 6.03
    5.95
    		5.44 | 6.16 4 | 9 Good
    Standard Deviation 0.51
    0.51
    		0.41 | 0.55 13 | 24 Average
    Semi Deviation 0.37
    0.38
    		0.30 | 0.41 6 | 24 Very Good
    Max Drawdown % 0.00
    0.00
    		-0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00
    0.00
    		0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 1.73
    1.56
    		-0.28 | 2.12 11 | 24 Good
    Sterling Ratio 0.67
    0.66
    		0.57 | 0.70 10 | 24 Good
    Sortino Ratio 0.95
    0.83
    		-0.10 | 1.22 10 | 24 Good
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.49 0.49 0.36 | 0.63 18 | 38 Good
    3M Return % 1.63 1.56 1.21 | 1.82 11 | 37 Good
    6M Return % 3.32 3.25 2.54 | 3.71 13 | 35 Good
    1Y Return % 6.56 6.46 5.01 | 7.47 12 | 31 Good
    3Y Return % 7.46 7.36 6.52 | 7.63 10 | 24 Good
    5Y Return % 6.68 6.51 5.71 | 6.94 8 | 20 Good
    7Y Return % 6.24 6.07 5.21 | 6.42 5 | 17 Very Good
    10Y Return % 6.50 6.33 5.67 | 6.56 2 | 12 Very Good
    1Y SIP Return % 6.71 6.56 5.12 | 7.58 12 | 31 Good
    3Y SIP Return % 7.07 6.97 6.30 | 7.23 10 | 24 Good
    5Y SIP Return % 7.13 7.01 6.22 | 7.34 9 | 20 Good
    7Y SIP Return % 6.33 6.22 5.47 | 6.52 6 | 17 Good
    10Y SIP Return % 6.39 6.27 5.67 | 6.48 4 | 12 Good
    Standard Deviation 0.51 0.51 0.41 | 0.55 13 | 24 Average
    Semi Deviation 0.37 0.38 0.30 | 0.41 6 | 24 Very Good
    Max Drawdown % 0.00 0.00 -0.04 | 0.00 21 | 24 Poor
    Average Drawdown % 0.00 0.00 0.00 | 0.04 24 | 24 Poor
    Sharpe Ratio 1.73 1.56 -0.28 | 2.12 11 | 24 Good
    Sterling Ratio 0.67 0.66 0.57 | 0.70 10 | 24 Good
    Sortino Ratio 0.95 0.83 -0.10 | 1.22 10 | 24 Good
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Arbitrage Fund NAV Regular Growth Nippon India Arbitrage Fund NAV Direct Growth
    27-07-2026 28.2005 30.6984
    24-07-2026 28.193 30.6884
    23-07-2026 28.202 30.6976
    22-07-2026 28.206 30.7013
    21-07-2026 28.1878 30.681
    20-07-2026 28.1703 30.6614
    17-07-2026 28.1867 30.6775
    16-07-2026 28.1586 30.6462
    15-07-2026 28.1607 30.648
    14-07-2026 28.1704 30.658
    13-07-2026 28.1467 30.6316
    10-07-2026 28.1491 30.6325
    09-07-2026 28.1429 30.6251
    08-07-2026 28.1519 30.6343
    07-07-2026 28.1544 30.6364
    06-07-2026 28.1409 30.6212
    03-07-2026 28.1279 30.6053
    02-07-2026 28.1194 30.5954
    01-07-2026 28.1159 30.5911
    30-06-2026 28.0767 30.5478
    29-06-2026 28.0794 30.5502

    Fund Launch Date: 24/Sep/2010
    Fund Category: Arbitrage Fund
    Investment Objective: A conservative arbitrage fund that aims to generate income through arbitrage opportunities arising out of pricing mismatch in a security between cash and derivative segment and with derivatives segment along with investments in debt securities and money market instruments. The fund portfolio is completely hedged and takes offsetting positions on various markets simultaneously. The arbitrage fund follows a market neutral strategy and carries no specific equity risk. In the absence of adequate arbitrage opportunities, the scheme may invest in short term debt or money market securities.
    Fund Description: An open ended scheme investing in arbitrage opportunities
    Fund Benchmark: NIFTY 50 Arbitrage Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.